AlbionVentures

Grosvenor Health

Grosvenor is established as a leader in providing professional, integrated services and solutions to help businesses develop and improve their corporate healthcare strategy. The business completed a successful management buy out from Capio Healthcare UK Limited in March 2004. Grosvenor provides services to over 300 clients ranging from 5 to 80,000 employees representing a broad range of industry sectors including: Automotive, Brewing, Defence, Emergency Services, Financial Services, Government Agencies, IT, NHS Trusts, Retail, Unions and Utility Companies.

It has built an enviable blue chip client base offering services to large companies who prefer to contract out to specialist providers rather than build their own infrastructure to deliver these services. The services, offered to customers on a contract basis typically lasting between three to five years, cover: pre-employment fitness for work assessments; on-site health surveillance (including general health screening and workplace assessments); sickness absence and rehabilitation management; pensions and insurance adjudication.

Funds managed by Albion Ventures first invested in Grosvenor in March 2004, £3.55 million was put into the business through a number of Close’s VCTs.